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Market News

Location American Market News for 13 November 2020

Disney's Stream Is Floating an Awfully Big Ship

Wall Street Journal - 13 Nov 2020 02:03
In a year when theme park revenue slid 37% and movie division revenue fell 13%, total company revenue came down only 6%, helped by a booming reception for the company's streaming services.
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DoorDash Feast Won't Last Forever

Wall Street Journal - 13 Nov 2020 20:44
The Covid-19 pandemic that has curbed indoor dining at restaurants across the globe has been a boon for the food-delivery industry. But it won't last.
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What's The Smartest Way To Consolidate Debt? If you have credit card debt, you're not alone.
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Top Tech Stocks For November

Forbes - 13 Nov 2020 22:41
Top Tech Stocks For November Tech stocks have been the biggest winners of the COVID world, surging ever since markets bottomed in March, and leading the recovery. While there are signs that tech can continue to rally, there are bearish indicators. D...
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Top Stocks To Short Today As Newsworthy Week Ends With Another Rally After the vaccine-related recovery rally stalled yesterday with sharp losses, markets broadly gained today. The Dow rose 307.55 points, or 1.7%, the S&P 500 gained 1.15%, and the Nasdaq also gained 0.7%. Our deep learnin...
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Top Stocks To Buy Today As Dow Rallies To Close Another Eventful Week For investors looking to make the most of this market, the deep learning algorithms at Q.ai have crunched the data to give you a set of Top Buys.
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Freddie Mac CEO Quits

Wall Street Journal - 13 Nov 2020 20:42
The chief executive of mortgage-finance company Freddie Mac plans to step down in January.
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Billionaire Bill Ackman: Covid Will Get 'Ugly' In Next Few Months, But Expect 'Explosive Growth' Once It's Over Doubling down on his bearish outlook for the winter, the activist investor placed an $8 million bet earlier this week that corporate defaults would rise in the months to come.
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Wall Street's New Fear Gauge---Firearms

Wall Street Journal - 13 Nov 2020 19:46
Gun stocks and the Cboe Volatility Index both surged before the election and tumbled since.
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Pfizer's Covid-19 Vaccine News Is Pushing These 18 Stocks Up - Time To Invest? Amid some volatility, the S&P 500 has climbed nearly 2.5% in the past week. The triggers? The U.S. elections and, of course, Pfizer'sPFE announcement of successful Covid-19 vaccine phase 3 trials. The latter is more inte...
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Covid Vaccine Stocks May Cause Excess Optimism, Losses

Wall Street Journal - 13 Nov 2020 18:49
Vaccines from Pfizer and Moderna are essential to end the coronavirus pandemic, but investors should remain cautious about the long term business opportunity.
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SEC Charges Wells Fargo Executives, Including Former CEO, For Misleading Investors About Bank's Performance John Stumpf, the bank's former CEO and Chairman, has agreed to pay a $2.5 million penalty to settle the charges.
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Daily Dividend Report: Timken, Yum! Brands, AvalonBay Communities, Valvoline, Extra Space Storage
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Covid-19 Surge At Odds With Vaccine Optimism Positive vaccine news from Pfizer (PFE) and positive treatment news from Eli Lilly (LLY) have given investors hope that soon Covid-19 will be behind us completely but surging case numbers have officials and markets conce...
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Dow Jumps 200 Points, Stocks On Track To End Week Higher After Disney, DraftKings And Cisco Beat Earnings The third quarter's "outstanding" streak on the earnings front continues.
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15% Downside For Diodes Inc. Stock?

Forbes - 13 Nov 2020 16:30
15% Downside For Diodes Inc. Stock? Diodes Incorporated stock (NASDAQ: DIOD) is up 11% since the beginning of this year, and at the current price of around $63 per share, we believe that DIOD stock has around 15% potential downside.
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Covid-19 Vaccine, Election Results Boost Riskiest Borrowers

Wall Street Journal - 13 Nov 2020 16:28
The U.S. election and good early results for a Covid-19 vaccine have given a double-boost to junk-rated companies such as American Airlines, Macy's and Occidental Petroleum.
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Disney And Cisco To The Rescue: Firm Earnings Results Help Lead Market Back Earnings from Cisco and Disney late yesterday both looked good, with CSCO's positive guidance lending some support early this morning. Volatility has eased, but lots of choppiness could continue in coming weeks as invest...
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Zoom, Okta, CrowdStrike: What The Vaccine Really Means For Work From Home Stocks Work and learn from home stocks have had a solid run this year, as Covid-19 drives demand for connectivity, collaboration, and cybersecurity-related software. However, a Coronavirus vaccine is looking like a real possibi...
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Stock futures tied to major indexes rose, headed for a second week of gains.
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DoorDash IPO Filing Shows a Profitable Quarter

Wall Street Journal - 13 Nov 2020 16:06
The food-delivery service unveiled its IPO paperwork, showing it turned a surprising quarterly profit during the pandemic before falling back to a loss in the September quarter.
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Netflix Stock Drops 11% In A Month; Opportunity For Investors? Despite a 64% rise since its March lows of this year, at the current price near $490 per share, we believe Netflix stock (NASDAQ: NFLX) still has some upside left.
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